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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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VivoPower PLC (NASDAQ:VIVO, FRA:51J) earlier this week discussed the strategic significance of its newly closed Norway acquisition, marking a key step in the company’s transition toward AI infrastructure. Chief Investment Officer Alex Cuppage said the deal represents the first major acquisition since the company pivoted its strategy, securing an asset with 42MW of operational capacity and a further 40MW available for development. On a pro forma basis, it will contribute about $10 million in EBITDA, returning VivoPower to profitability. The vendors have also become long-term partners, taking a portion of the consideration in stock. The asset aligns with our strategy of strong fundamentals, attractive pricing, and future revenue potential. Norway is ideal for AI data centres due to renewable power, strong fiber connectivity, and power costs below $0.04 per kWh. The Nordics are gaining attention, but Norway has been quietly developing strong data centre capabilities. It offers excellent connectivity to Europe and North America, a cold climate for efficiency, and low-cost renewable power. Power cost is critical. Our research suggests every $0.01 increase can reduce operating margins by 7%, so cheap hydro power is a major advantage. And the cold climate helps as well? Yes, it improves efficiency. Our construction partners can even build modular data centres quickly in extreme conditions, up to 100MW in 12–15 months. How do you see the Nordic platform evolving? Our strategy is to partner with sovereign nations investing in AI infrastructure. Norway, Finland, and Denmark are key markets due to strong fundamentals, renewable energy, and connectivity. Quotes have been lightly edited for style and clarity.

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